insurance
Cyber scams prompt behaviour change in 61% of users
Chubb says insurance can play a key role in digital payments.
Cyber scams prompt behaviour change in 61% of users
Chubb says insurance can play a key role in digital payments.
Majority of insurers develop own digital platforms
Insurers rather develop their own platform to maintain control over their ecosystems.
CEOs see 3-5 years for AI investment returns
Yet, also over half (57%) of organisations see AI as a vital tech.
APAC holds nearly a fifth of top insurers with 85.8% premium share
The data spans the years 2019 to 2023.
Australia leads APAC in cyber insurance uptake
Demand for cyber insurance in the region is growing at nearly 50% annually.
HK’s new capital regime to strengthen enterprise risk management
It is prompting (re)insurers to adjust their business and investment strategies.
Australia's general insurance premiums rise 5.7% in H1 2024
The number of intermediaries inched down 1.4%.
Insurance, bank deposits boost Malaysia's economy
The net financial assets per capita of Malaysians stood at EUR9,430, said Allianz.
Sun Life Hong Kong sees over two-fold APE in H1 2024
It outperformed the industry’s overall growth of 29%.
Credit insurance gains focus amidst liquidity crunch
Japan reduced its days receivable to 42 days, best in the region.
Prudential ups stake in Nigerian venture
This increases Prudential's ownership from the 51% stake it acquired in 2017.
Global risks could squeeze Asia Insurance's profits
Underwriting profits are expected to narrow over the next two years.
Interest grows in Asian life insurers' market dynamics
Yet, FX risks loom over Taiwanese life insurers.
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
China's financial assets hit $68t, insurance surge 15.7% YoY
This is equivalent to $4.73t.
Why are few companies opting for AI-specific insurance?
Ransomware and phishing now worry 35% of executives.
China's insurers adjust risk control amidst lower returns
P&C insurers’ underwriting margins may shrink further.
Thought Leadership Centre
Most Read
1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. bolttech secures $50m venture debt from HSBC, expands market 4. Life insurance premiums forecast to grow by 3% yearly until 2026 5. Prudential launches AI lab in SingaporeResource Center
Read Here
Advertise
Sign Up
Event News
Event News
Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
